April 24 (Reuters) - Futures linked to Canada's main

stock index inched lower in low volumes on Friday as investors

were cautious about developments in the Middle East that kept

oil prices higher, setting the index for weekly losses.

June futures on the S&P/TSX index were down 0.2% at

5:00 a.m. ET (0900 GMT).

* Israel and Lebanon extended their ceasefire for three

weeks, while U.S. President Donald Trump said he was prepared to

wait for "the best deal" to end his war with Iran.

* The initial ceasefire between Israel and Lebanon, along

with signs that the U.S. and Iran could meet for talks after the

first round collapsed, led markets to hope for a swift

resolution to the conflict.

* The TSX was on track for declines this week, its first in

four, with oil prices over $100 a barrel as little progress on

the conflict front dampened investor appetite.

* Gold and copper prices on Friday also inched lower and

were likely to pressure mining stocks contained in the TSX's

materials sector.

* A February reading of retail sales and corporate earnings

will be parsed later in the day.

* Earlier this week, data showed Canada's annual inflation

rate rose to 2.4% in March driven by crude prices, but remained

below the 2.6% forecast by analysts.

* Money market participants are pricing in an interest rate

hike by the end of 2026, per LSEG data.

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